$10,000 Closing Credit*
$995,000
2,700 SqFt
James Gregory, Listing Office: Washington Fine Properties, LLC
Is Manor Park, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Manor Park was a Neutral Market.
Key Takeaway
Manor Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Manor Park, DC
How much do homes in Manor Park, DC cost?
Median Sold Price
$642,500
$371/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$108,250(-14.4%)
Key Takeaway
Homes in Manor Park have sold for 14.4% less than they did a year ago.
Summary: The median home sold price in Manor Park was $642,500 in October 2024, down 14.4% from last year, and the median price per square foot was $371.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $404.9K | +32.8% |
| 2 Bedrooms | $600K | $485K | -19.2% |
| 3 Bedrooms | $725K | $575K | -20.7% |
| 4 Bedrooms | $855K | $710K | -17.0% |
| 5+ Bedrooms | $1.3M | $1.0M | -20.7% |
Summary: Manor Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.8%, 2 bedroom homes decreased by 19.2%, 3 bedroom homes decreased by 20.7%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes decreased by 20.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Takoma / Brightwood / Manor Park | $675.6K | $693.7K | +2.7% |
| Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill | $564.5K | $575K | +1.9% |
| Manor Park | $750.7K | $642.5K | -14.4% |
Housing Supply in Manor Park, DC
How many homes are available in Manor Park, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 24 | +20.0% |
Summary: The Manor Park real estate market had 24 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Manor Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Manor Park, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Manor Park in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Manor Park, DC
How long does it take to sell a home in Manor Park, DC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 7 Days | -79.4% |
Summary: Homes in Manor Park had an average of 7 days on market in Oct 2024, down by 79.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Manor Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Manor Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
